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50 sats \ 3 replies \ @ek 15 Sep 2023 \ parent \ on: Feature suggestion: "What do you bet that fewest others will bet on?" meta
Haha, did I just find my first test subject ? 👀
The first release will be on a custom signet. So you'd have infinite sats to trade with.
I see, I think you're also describing the game theory behind bitcoin mining.
Miners constantly ask themselves: On which chain does the majority mine?
This is what keeps them honest. If they pick the wrong chain which is equivalent to lying in your case, they lose sats.
In mining, the answer is: the chain with the most proof of work since that chain will outgrow any other chain.
Game theory is pretty cool
Game theory is pretty cool
For sure one of my top 3 favorite theorys :D
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What are your other top 3 theories?
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Hahah i thought you'd never ask.. Definitely Evolution ("selfish" genes expressing traits which compete in reality => traits adapting to environments) and Relativity ("things" tell "space" how to curve; "space" tells "things" how to move)! What about you
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